Shares of freight carrier Old Dominion (NASDAQ:ODFL) fell 8.7% in the afternoon session after the company reported underwhelming first-quarter 2025 results, as a drop in revenue and earnings weighed on investor sentiment. Revenue fell nearly 6% year on year, driven by a decline in tonnage and shipment counts. Overall, this was a weaker quarter.
Shares of HVAC and electrical contractor Comfort Systems (NYSE:FIX) jumped 11% in the pre-market session after the company reported stunning first-quarter 2025 results, which crushed earnings and backlog expectations, pointing to strong demand and solid execution in a typically soft seasonal period. Same-store backlog grew 16%, a massive jump that signaled growing confidence from customers and a robust pipeline of future projects. Zooming out, we think this was a solid quarter.
New SEC Chair Paul Atkins calls for clear crypto rules, criticizes past leadership, and pledges support for innovation at SEC roundtable.
Shares of freight transportation and logistics provider Saia (NASDAQ:SAIA) fell 34.8% in the afternoon session after the company reported weak first-quarter 2025 results, with its revenue and EBITDA both falling short of analysts' estimates, reflecting a tough start to the year. The real story was the sharp sales and profit declines, driven by weather-related disruptions, and weaker-than-expected March shipments. While revenue ticked up 4%, that modest gain masked deeper issues: growth in tonnag
Shares of gaming and hospitality company Boyd Gaming (NYSE:BYD) jumped 6.8% in the morning session after the company reported strong first-quarter 2025 results, with revenue, EBITDA, and earnings per share all coming in above Wall Street's expectations, despite weather disruptions and a tough comparison to last year's leap year bump. The real story was the 20% jump in online segment revenue, now a vital part of Boyd's growth engine, fueled by higher contributions from digital casino games. Overa
Shares of children’s apparel manufacturer Carter’s (NYSE:CRI) fell 11.5% in the afternoon session after the company reported weak first-quarter 2025 results, as a narrow beat on adjusted EPS and stronger-than-expected same-store sales were overshadowed by its suspension of forward guidance amid a CEO transition and tariff uncertainty.
S&P Global is making a multistep deal with Orbcomm, taking a stake in it and buying a maritime offering. The post S&P Global goes deeper into supply chain with Orbcomm tie-up appeared first on FreightWaves.
Stocks on the New York Stock Exchange on Thursday completed a Zweig Breadth Thrust, a rare indication of surging market breadth that, over the last 80 years, has been a reliable predictor of the stock market's direction.
In his first public appearance as SEC chairman, Paul Atkins opened the latest crypto roundtable in the agency's Washington headquarters.
Electronic system and device provider Bel Fuse (NASDAQ:BELFA) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 18.9% year on year to $152.2 million. Its GAAP profit of $1.36 per share was 64.8% above analysts’ consensus estimates.
